Loading…
The rand fell after stalling near 2020 highs around 14.50 per dollar, as President Ramaphosa moved the country to an adjusted Level 3 lockdown with curfews and gathering bans. Investors doubt how quickly the economy can recover.
Weaker rand values raise the local currency cost of imported feed ingredients for South African buyers. The effect on global commodity prices is limited.
poundsterlinglive.comJames SkinnerDec 30, 2020Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
